Shocking Allegations About TikTok Are Coming: Will the app be shut down completely?
Some sources say that TikTok’s parent company ByteDance is considering shutting down the app completely instead of selling it. So is this true? Here are the details!
The waters never stop in the months-long debate that TikTok will be shut down. In line with the last information we received, we talked about the bill about TikTok being forwarded to Joe Biden to be signed.
TikTok’s only option to not be banned in the US was for ByteDance to sell the app. However, according to some reliable sources, ByteDance seems to prefer to shut down TikTok directly in the US instead of selling it.
What’s the End of the Road for TikTok?
TikTok, owned by ByteDance and facing the threat of being banned in the US for months, will use all its legal rights to fight the bans in the country’s app stores. However, when all legal rights are exhausted, it is said that it will be preferred to close the platform completely instead of selling it.
According to sources close to the company, although TikTok is one of the most popular applications worldwide, it does not provide a large profit to the company. Despite this, it seems more reasonable for the company to close the application instead of selling the Chinese-based application to an American company or its main competitors.
Unnamed sources say that this decision will benefit ByteDance more. Because it is said that it will be able to continue on its way without limiting the application in any way, without having to give up its own basic algorithm.
